Elliot's Impulse waves.(Part-5)
IMPULSE WAVES :- The Basics Waves that move the market in the direction of its main trend either up or down are called Impulse waves. 1....
-
5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ...
19 comments:
NF AND BNF EOD OPTIDX Open Interest 20 OCT 11 -> CLICK HERE
The lead indicator seems to be leading this time, wave 2 up might be over and 3 down starts.
Dear Indiacharts said... "....... " and mynac has totally opposite view on Market … This the beauty of this profession. For Some one ...”Glass is half empty … & for other one, it is half fill up… :) .
Today again interesting development from FNO section.
Now just 3 days left for expiry and huge addition in OCT 5000, 5100 and 5200 CE but not that much addition in NF Nov. series but Nifty closed almost @ day top.
Still it is too early to say so but from last half an hour Nifty movement, it’s Big volumes bet.5075 & 5099...the above said data favors Bulls than Bears is “my understanding” and which is suggesting NF expiry even above 5200, “if” this time nifty shall start to trade firmly above 5120 onwards This time Nifty has hidden potential to cross 5170 barrier, which may surprise market participants. One must not ignore Dear mo h saying “battery of resistances are there i.e.5170,5185,5195,5204,5210,5220 and 5230” and than the Gap. NF low roll over for next series and EOD lighter O.I. for Oct. series also favors Bulls than Bears.
Considering above said observations, the above view is particularly valid for next 3 trading days only, prior expiry, if global cues shall support in o.k. manner. It should not consider “the prediction” because market is always supreme and one has to follow just price every time. There is no value and weight for “If & But “in market but expecting the same is not offence…So let us just hope for the best. Let us see.
Glass is half empty or Full
$$$ Show Me the MONEY!!! $$$
http://www.youtube.com/watch?v=BJS_zTnUiBc&feature=related
myanc,
Today FII had sold 472 Cr in Cash, sold 609 Cr in Nifty Furure, sold 509 Cr in Stock fure, nad bought heavily a whopping 3177 Cr in Nifty Options. 5000 Ce adds 12 Lakhs, 5100 CE adds 12 lakhs, 5200 CE adds 16 Lakhs in Open interest.4900 PE sheds 2 lakhs, 5000 PE sheds Nil, and 5100 PE adds 1 Lakh in Open interest. Please explain your reason for positive bias.
Thanking You
Namaste Ilango Sir & Blogmates,
So the Diwali Gift did not last for long!, OI Table now sports a not so Bullish Look: Option Analysis for 20-10-2011
Duplicated at Wordpress Site
Thanks & Regards,
Sanjay Kr Jaiswal
appu
they are more confused than us :D
Dinni Sir,
My understanding is they areselling in cash, nifty future and stock future and bought heavily puts (3177 Cr)
Dinni Sir,
FII never confuse, they make us to confuse :D
@DR
Is the condition of FIIs this serious?
http://www.youtube.com/watch?v=3SE_GTWQf3A&feature=related
Appu
Normally what we see is when trend is up they keep on buying
if one keep on adding on up trend and vis-a-vis
It called Pyramiding
Although pyramiding increases profits if the trend continues as hoped, pyramiding also increases losses if the trend reverses suddenly and sharply,
so risk control is key. V shape recovery or steep fall
and Historical data shows they have many times
done big selling/buying before
trend reversal.
I dont think that every time they make profit
their funda is entirely different
they dont want to get rich overnight like me :D
they want constant return on their money
..........The maximum-leverage pyramid keeps on adding maximum size up to the limits of accumulated profits and margin requirements. This is the most aggressive strategy possible, and it offers the maximum potential reward, the maximum potential risk, and the worst reward/risk ratios. This pyramid must be combined with tight exit rules, or else it is a formula for near-certain ruin.
Call options of strike 5000, 5100, 5200 added OI while the corresponding Puts does not show big difference from yesterday. Does it mean call writers were active wanting to drive down prices while put writers stayed away?
Put option of strike 4500 added huge OI with nifty spot well above 5000 and 3 days for expiry.
Is this another curve ball?
Bang head
copper
Gud Nt
nothing so serious here in gujarat friends i m fine, it was minor,
gauresh bhai, pt ,and all gujju friends plz what abt u
Dear appu,
Think so that you have got the answer, because amongst all of us one of the most experienced and balance headed trader/investor Dear Dinesh Bhai has described it so well.
Out of total 83 lac Nov NF O.I at least 65 lac plus roll over is between 5030-5184 and today Nifty reversed from DLEMA & closed firmly well above JNSR. & Nov. NF closed @ 5120. In next 3 trading days 1.25 CR +, - O.I. additions would be there and then also it shall be on lighter side, & its not a rule but general observation is there…. when the trend is up then the lighter Index O.I. data helps Bulls to push Nifty further up, and Bears are unexpectedly, unwillingly forced to cover their positions @ higher levels.
Probably, considering the above said factors, who knows? some big players might have taken the opportunity for playing the expiry game.
Fortunately we are very lucky because JNSR is there, so if something shall be wrong there then JNSR figure will inform it quite early, so absolutely no worry for us.
The above said observations and view is just one of the probabilities, so, should not be given that much importance at this moment.
If it will fly then we will say it was Bird, and if it will sink then it will be called Frog :)
nifty up..but why...what is good and where it will go to give us profits..global eco down..nothing seems to be normal..only few tecnicals points says ..minor up for small time only ..and every chanceses to see new low in months time ...not expert but my views ..let us see
Thanks Jigs for early message...
am really worried about u
I hope all are safe :)
today's jnsar level plzz????
Post a Comment